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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Nov. 02, 2024
Oct. 28, 2023
Operating activities:    
Net income $ 379,117 $ 488,345
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of property and other deferred costs 137,817 136,482
Gain on disposal of assets (451) (6,006)
Accrued interest on short-term investments (9,253) (4,219)
Changes in operating assets and liabilities:    
Increase in accounts receivable (1,194) (460)
Increase in merchandise inventories (588,218) (509,037)
Decrease in other current assets 9,820 4,610
(Increase) decrease in other assets (1,037) 188
Increase in trade accounts payable and accrued expenses and other liabilities 447,635 354,638
Decrease in income taxes payable (24,802) (17,434)
Net cash provided by operating activities 349,434 447,107
Investing activities:    
Purchase of property and equipment and capitalized software (89,147) (104,679)
Proceeds from disposal of assets 571 6,254
Proceeds from insurance   4,477
Purchase of short-term investments (422,438) (148,098)
Proceeds from maturities of short-term investments 450,852 249,962
Net cash (used in) provided by investing activities (60,162) 7,916
Financing activities:    
Cash dividends paid (12,172) (10,104)
Purchase of treasury stock (104,995) (263,249)
Net cash used in financing activities (117,167) (273,353)
Increase in cash and cash equivalents and restricted cash 172,105 181,670
Cash and cash equivalents and restricted cash, beginning of period 808,287 660,331
Cash and cash equivalents, end of period 980,392 842,001
Non-cash transactions:    
Accrued capital expenditures 9,935 10,934
Stock awards 1,561 1,280
Accrued purchases of treasury stock and excise taxes 3,053 4,641
Lease assets obtained in exchange for new operating lease liabilities $ 2,152 $ 9,186